HKEX:3988

DBS and Bank of China expand partnership to boost regional financial innovation

March 25, 2026 — DBS Group and Bank of China (BOC) announced an expanded strategic partnership aimed at accelerating financial innovation and strengthening cross-border trade and investment flows across Asia.

The agreement, signed during the China Development Forum in Beijing, focuses on key areas including fintech innovation, cross-border RMB solutions, regional connectivity, sustainable finance, and third-party market expansion. Both banks plan to leverage their complementary strengths to support Chinese enterprises expanding overseas and facilitate global investments into China.

The collaboration will deepen joint operations across major regional markets such as Singapore, Indonesia, and Vietnam, while also enhancing capabilities in trade finance, bond markets, and digital RMB initiatives.

Executives from both institutions emphasized that the partnership builds on a longstanding relationship and reflects a shared commitment to driving regional economic integration, innovation, and sustainable growth.
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Author
European Investor 03-25-26
Bank of China Completes RMB50 Billion Tier 2 Capital Bond Issuance

Bank of China Limited announced the completion of its issuance of write-down Tier 2 capital bonds totaling RMB50 billion in the domestic interbank bond market. The bonds were issued on December 22, 2025, and the process was completed on December 24, 2025, following shareholder approval and regulatory clearances.

The issuance comprises two tranches: RMB48 billion of 10-year fixed-rate bonds with a 2.22% coupon and RMB2 billion of 10-year floating-rate bonds with an initial coupon of 2.25%. Both tranches include an issuer redemption option at the end of the fifth year. Proceeds will be used to replenish the bank’s Tier 2 capital in line with regulatory requirements.
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Author
WS Investor 12-25-25
Bank of China (Hong Kong) has kept its Hong Kong dollar interest rates unchanged, with the prime rate at 5% per annum and the savings deposit rate at 0.001% per annum. Savings accounts earn 0.001% on balances of HKD 5,000 or above, while balances below HKD 5,000 earn no interest, and accounts with balances of at least HKD 1,000,000 receive an additional 0.001% bonus rate.
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Author
The Investor 12-12-25
Bank of China Dubai Branch Lists USD 500 Million Floating-Rate Notes on HKEX

Bank of China (Dubai) Branch has listed USD 500 million floating-rate notes due 2028 on the Hong Kong Stock Exchange under the bank’s USD 40 billion Medium Term Note Programme. The notes will be traded under stock code 40008 and are offered only to professional investors. The listing becomes effective on 25 November 2025. The issuance is supported by a large syndicate of global coordinators and bookrunners, and follows disclosures in the programme’s offering circulars and pricing supplement.
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Author
European Investor 11-25-25
Bank of China redeems RMB30 billion undated capital bonds

Bank of China announced that it has fully redeemed its RMB30 billion write-down undated capital bonds issued on 13 November 2020. Under the bond terms, the Bank had the option to redeem the securities at the fifth anniversary of issuance, which falls on 17 November 2025. The Bank has now exercised this redemption right and completed the full redemption.
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Author
European Investor 11-19-25